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TRINET GROUP, INC. Director's Dealing 2019

May 18, 2019

31268_dirs_2019-05-17_0d3deb3d-478f-49dd-9848-af766c1d6122.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRINET GROUP INC (TNET)
CIK: 0000937098
Period of Report: 2019-05-15

Reporting Person: Goldfield Burton M. (Director, PRESIDENT, CEO and DIRECTOR)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-05-01 Common Stock G 96246 Disposed 947810 Indirect
2019-05-15 Common Stock A 558 $38.05 Acquired 336809 Direct
2019-05-15 Common Stock F 4273 $61.24 Disposed 332536 Direct
2019-05-15 Common Stock F 1771 $61.24 Disposed 330765 Direct
2019-05-15 Common Stock F 1302 $61.24 Disposed 329463 Direct
2019-05-15 Common Stock F 1004 $61.24 Disposed 328459 Direct
2019-05-17 Common Stock M 7500 $10.98 Acquired 335959 Direct
2019-05-17 Common Stock S 7500 $61 Disposed 328459 Direct
2019-05-17 Common Stock S 8486 $61 Disposed 319973 Direct
2019-05-17 Common Stock S 7500 $60.9777 Disposed 940310 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-05-17 Employee Stock Option (right to buy) $10.98 M 7500 Disposed 2024-02-11 Common Stock (7500.0) Direct

Footnotes

F1: Reporting Person is a Trustee and shares voting and investment power over the shares held by Burton M. and Maud Carol Goldfield, Trustees, Burton M. Goldfield and Maud Carol Goldfield Trust, u/a/d 12/6/00.

F2: These shares were acquired under the TriNet Group, Inc 2014 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(c) and Rule 16b-3(d).

F3: Represent the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the restricted stock units granted on January 4, 2016.

F4: Represent the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the restricted stock units granted on March 24, 2017.

F5: Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the restricted stock award granted on March 8, 2018

F6: Represents the shares withheld for satisfaction of a tax withholding obligation arising as a result of the vesting of the restricted stock units granted on March 18, 2019.

F7: The exercises reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F8: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.

F9: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.85 to $61.13, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.

F10: Option is subject to a 4-year vesting schedule, with 25% vesting upon the 12-month anniversary of February 1, 2014, and 1/48th of the total number of shares vesting each month thereafter. The Option is also subject to accelerated vesting upon certain events.